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The Senate Banking Committee is said to be moving toward a vote on major housing finance reform legislation next week, but the effort is likely to attract no more than 13 votes, falling short of what would be needed to advance the bill to the Senate floor this year.
May 9 -
Kroll Bond Rating Agency released a new monthly credit report to monitor the performance of commercial mortgage-backed securities.
May 9 -
Six Democrats whose support is crucial to a U.S. Senate plan to replace government-owned mortgage firms Fannie Mae and Freddie Mac have decided they won't support the proposal without major revisions, dimming its chances of becoming law this year.
May 9 -
The regulator's Office of the Inspector General says it should have issued formal guidance to Fannie and Freddie over their dealings with the MIs.
May 8 -
The government-sponsored enterprises remain profitable, but executives are raising fresh concerns about their ability to withstand a recession because of restrictions on raising capital.
May 8 -
Proposed reforms for Freddie Mac and Fannie Mae seem to be bogged down in the House and Senate. It might be time for legislators to start thinking about different solutions.
May 8
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Fannie Mae and Freddie Mac will pay the U.S. Treasury Department a combined $10.2 billion by June 30, an amount reflecting the profits the U.S.-owned mortgage financiers reported for the first quarter.
May 8 -
Even if private securitization deals are smaller or fewer, Clayton's loan review and due diligence services should be in hot demand as memories of the crisis linger, Radian reckons.
May 7 -
American Homes 4 Rent said that an affiliate will launch the offering of a securitization transaction by the end of this week.
May 6 -
Bill Ackman, who runs the $15 billion Pershing Square Capital Management, said that Fannie Mae and Freddie Mac will probably soar because there's no way to replace the mortgage guarantee companies.
May 6







